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Current Events > Instead of raising minimum wage why don't we make houses cheaper?

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TheHoldSteady
09/30/19 7:43:39 PM
#1:


Problem solved

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awesome999
09/30/19 7:45:26 PM
#2:


Oh wow you just solved the housing crisis

Here's your Econ Nobel
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ToadallyAwesome
09/30/19 7:45:44 PM
#3:


Because there is too much equity in houses and its a major pillar of society. Yay rampant capitalism
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gloBal enemy
09/30/19 7:46:32 PM
#4:


TheHoldSteady posted...
Problem solved


And how would you propose to make houses cheaper?

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Jeff AKA Snoopy
09/30/19 7:47:03 PM
#5:


If you want to make rent proportional to income, that gives no incentive to property owners to ever rent to low income.

Unless you're wanting the government to own and rent out the low income rental places, but then that is the government controlling more stuff than people want them to.
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CADE FOSTER
09/30/19 7:47:04 PM
#6:


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Fuparulez
09/30/19 7:47:05 PM
#7:


It's so cringe worthy how people can look at government policy consistently screw things up and come to the conclusion that the solution is more government policy.

Raising the minimum wage puts people out of work.
The government backing housing loans drives up the cost of housing.

Government is the PROBLEM, people!
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gloBal enemy
09/30/19 7:48:20 PM
#8:


Fuparulez posted...
It's so cringe worthy how people can look at government policy consistently screw things up and come to the conclusion that the solution is more government policy.

Raising the minimum wage puts people out of work.
The government backing housing loans drives up the cost of housing.

Government is the PROBLEM, people!


Do you think the pure/free market would achieve a better outcome here without government intervention?

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CanuckCowboy
09/30/19 7:49:18 PM
#9:


gloBal enemy posted...
And how would you propose to make houses cheaper?


Just like trump was gonna solve the Palestine / Israel deal. Make a deal make it be great. Done.

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JuanCarlos1
09/30/19 7:50:58 PM
#10:


Fuparulez posted...
It's so cringe worthy how people can look at government policy consistently screw things up and come to the conclusion that the solution is more government policy.

Raising the minimum wage puts people out of work.
The government backing housing loans drives up the cost of housing.

Government is the PROBLEM, people!


Yeah..bc depending on the good will of very rich people will make things better, right? I do believe in a happy medium, but removing the government completely could throw us back 100+ of achievement in labor conditions and make for an even bigger economic inequality.
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